Fairfax, Virginia Income Statistics
Fairfax Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A+
Fairfax Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Fairfax | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $133,457 | $93,527 | $80,455 |
| Median Personal Income | $93,919 | $68,139 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.3% | 4.8% |
| Six-Figure Earners | 29.2% | 18.3% | 13.9% |
| $200k+ Households | 32.1% | 17.7% | 13.2% |
The median household income in Fairfax is about 43% higher than in Virginia. Income has been growing slower in Fairfax (3.2%/yr) than in Virginia (4.3%/yr).
About 29% of adults in Fairfax earn six figures ($100,000 or more) a year, higher than the Virginia average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Fairfax, Virginia grew by 39.1% from 2009 to 2024, reaching $133,457 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Fairfax
| Metric | Fairfax | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.530 | 0.544 | 0.552 |
| Male Median Income | $111,948 | $78,585 | $69,667 |
| Female Median Income | $79,290 | $62,626 | $56,850 |
| Gender Pay Gap | 29.2% | 20.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Fairfax, it is 0.530, lower than Virginia's 0.544, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 41% more than women's income in Fairfax, Virginia. Over a 35-year career, a 41% wage gap accumulates to roughly $1,143,030 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fairfax, Virginia has widened from about 23% to 29% in 2024. Over that period the gap was narrowest at 19% in 2016. In dollar terms, the gap has widened by $17,246 since 2009.
Sharply against the trend: the pay gap in Fairfax widened by 6.1 points while Virginia's narrowed by 3.2 points.
Employment
| Metric | Fairfax | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 4.1% | 5.2% |
| Working from Home | 29.1% | 18.3% | 15.0% |
| Commute time (minutes) | 28 | 23 | 22 |
Approximately 448 people are unemployed in Fairfax, Virginia.
The average commute time in Fairfax is 28 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fairfax, Virginia has fallen from 4.4% to 3.3% in 2024. Over that period the rate peaked at 5.7% in 2013.
Fairfax, VA Wealth Compared With Nearby Cities
How Fairfax, VA compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Fairfax, VA | 25,027 | $133,457 #2/2 | 3.2%/yr #2/2 | 3.3% #2/2 | 0.530 #2/2 |
| Oakton, VA | 37,572 | $161,629 | 3.6%/yr | 1.9% | 0.493 |
Conclusion
Considering all these factors, Fairfax, Virginia has an overall wealth index grade of A+, making it somewhat better than Virginia, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fairfax, Virginia.
How Rich Is Fairfax, Virginia?
Fairfax has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $133,457, about 43% higher than the Virginia average of $93,527.
How has median household income changed in Fairfax, Virginia?
Between 2009 and 2024, the median household income in Fairfax, Virginia rose 39%, from $95,967 to $133,457. Over the same years, income here lagged behind Virginia as a whole: +39% against +55%.
What was the median household income in Fairfax in 2023?
In 2023, the median household income in Fairfax, Virginia was $135,330, up 4% from $130,677 in 2022. The Virginia median that year was $91,420.
What was the median household income in Fairfax in 2020?
In 2020, the median household income in Fairfax, Virginia was $111,567. By 2024 it had risen 20% to $133,457.
Is Fairfax, Virginia a high-income area?
Yes. 29% of adults in Fairfax, Virginia earn $100,000 or more a year (about 1 in 3), against 18% (about 1 in 5) in Virginia. 32% of households have a combined income of $200,000 or more, compared with 18% in Virginia.
What is the Gini coefficient in Fairfax, Virginia?
The Gini coefficient in Fairfax is 0.530. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Fairfax, Virginia?
Since 2009, the income gap between men and women in Fairfax, Virginia has widened from about 23% to 29% in 2024. Over that period the gap was narrowest at 19% in 2016. In dollar terms, the gap has widened by $17,246 since 2009.
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